How the world pimps America

[onstageagain]

National debt is now $14,639,000,000,000.

When Obama took office Jan 09, national debt was $10,626,000,000,000.

Fed owes a whole lot more now, including to China, $4,247,000,000,000 in just 945 days. The fastest increase under any president ever.

Obama says yes, we can get control of the debt. But every time he says that he adds trillions of $-$ in infrastructure repairs R needed . With interest rates so low, according to the thinking of Obama , now is the time to borrow more!

[Galactia7]

end ww3, return our troops home.

All troops, no matter of race, get together and CEASE FIRE!

All countries..STOP ALL TRADE WITH USA.

use American government threat on trade, against them.

don't give them money to kill their own people nor fund them to kill the rest of the world, for their tyrany/greed of world dominanancy. the WMD are in our hands not in the talibans. Open your eyes and save your own country.

[TheMilitaryTactics]

@Galactia7 really do you really think that the only countries that have done that are the following North Korea, Cuba, and Vietnam - Vietnam now has agreed trade with the USA and since then there economy has raised by allot, the North Koreans well look at the world at night time and try to find them, and Cuba was a mere tool of the USSR to get the USA to get rid of nuclear weapons in turkey.

[Ibbe88]

All financial crisis has benefited the economical elite of the west. The crisis often destroys poorer countries, forcing them to sell their resources to western corporations cheap. The capitalistic system is only extended from the british empire from the 19th century. The crisis also rob the masses of people in the industrialized world, forcing them to accept lower wages. Already happened here in Europe...

[clusterbombcocks]

watch?v=AZU0c8DAIU4

[TheJawsusNSexmanShow]

can someone explain to me what he meant in his end statement about Trotsky? I didn't quite understand.

[pythag123]

Basically what he (Trotsky) meant to say was that the capitalists of America were now so educated and capable compared to the rest of the world and its own citizens that they will be able to turn the seeming natural self destruction of capitalism into more wealth for themselves through the exploitation of the under developed and uneducated. Instead of reforming a failed economic system, the Americans will just put more wealth in the hands of a fewer people.

[jesuschrustpizza]

Let the "developing Nations" develop on their own terms. Stop meddling in their affairs.

The West is not its savior.

[BattleofLund2]

Having a small hearing deficiency, I wish the RealNews would subtitle their videos. At least where accented speakers, as mr. Escobar, are concerned. (Me not being a native anglophone doesn't help either).

[spiritsA]

Great idea. I don't particularly think only videos with accent should be subtitled, but all videos should be subtitled. There are too many political terms and names that needs to be wikipedia-ed.

[lordblazer]

i told another guy that. me personaly I can understand him clearly.

[lordblazer]

XD I'm use to accents, but I can see where you are coming from. A lot of people don't really deal with people are different accents on a daily basis soo yea for most its hard to understand. realnews needs to start considering subtitling their videos.

[oldhacks]

great title

[StandUp555]

You are painting the real picture IMO !

Have you read the following books ?

The Creature from Jekyll Island

Confessions of an Economic Hit Man - John Perkins

Schwarzbuch USA - Frey ( in German )

Good work !

[IndyPromoter]

Lets see what happens when you try to print your way to prosority... how well is that working in zimbabwae. It was the soviets and central economic planners that caused the holomodor in which more people died than the holocaust...

[ahuizotl8]

my goodness don't say it!!!(LOL) They will call you Nazi just because you come from Argentina.. You cannot reason with the average without being ostracized here in heaven .

[LosBoogie1973]

In times of great depression... WEALTH is not lost... just transferred from a large group of people to a small group of men. These "business cycles" are man-made and created by design to run us into the ground. OPEN YOUR EYES! Read up...

[Chick6517]

I like them and this made me feel really happy. I want to make some of these little lovlies and think of Julie and what's her name. This project fills me with love and holiday joy. i will support the home made things! I LIKE THEM

[Thejbirdy]

Ahhh shaddap blabbermouth.

[ClarksonsinUSA]

Why does money flow to America,because we always pay our bills..

Europeans cry so much,you can not even reproduce....

Eurabia awaits...

[sansez]

"Europeans cry so much,you can not even reproduce"

What about US and its southern border?

[ClarksonsinUSA]

America is the only major western nation with a growing indigenous population.. Check if you doubt,I have 7 sons,ages 21,18,16,15,12,and twins 5 months .. We used IVF the last time due to my wife being in her 40s,the other 8 embryos left over went to a Christian couple in Texas..

[jewlSecond]

Good job! Keep up the US population....

[IndyPromoter]

The rest of the world was cheering for Obama and his "change", now YOU are paying for it (literally) you should have promoted Ron Paul...

[bryandenehy76]

The election was stolen from Ron Paul by the Neo-Conservatives.

[brizzlie]

Totally. If you look at googletrends, Ron Paul was kicking everyone's ass early in the Republican race. McCain wasn't even a blip on the radar. Till the media arbitrarily decided he wasn't a front-runner, he was systematically excluded from phone polls, and straw polls were rigged and cancelled, that is. Then they had an excuse to ignore him, and the sheep were lead to slaughterhouse of the McCain/Obama race.

It's the clearest example of corruption and media bias ever. Ron Paul was a shoo-in!

[emmelawrence]

I could not agree more...while I used to consider myself a Republican, I have since decided that my politicals views are neither Republican nor Democrat, but rather something else, as neither party seems to actually care about personal liberties anymore. Though I was certainly not old enough to vote at the time of the election, I was far more impressed with Ron Paul than either mainstream candidate.

[killergames187]

Your right and he is the only one i voted for!!!

[Ghouma]

If Ron Paul would have been free to do as he had liked, the American population would have been starving now. If the American state had not saved the banks you wouldnt have been able to get wages or buy food at the supermarket.

[eax1950pro]

NOOOOOO, America should have let those banks went under!

Gave bailout money directly to tax payers,

The FDIC would have insured that those who lost money in failed banks would have got their money back!

The only thing this wallstreet bailout has done, is probably insured that this recesssion will turn into a depression.

[Ghouma]

But they saved the structure behind organized money transfer. Personally I dont even see a need for private banks.

[LOOKatALLtheBEGGARS]

I don't think our government will stop wasting money on this problem that they caused until there isn't a country left to save.

[SATANSbankers]

Borrowing, Printing, and Spending, so weird that that turns out to be a bad policy.

[burntonion05]

Pippy Longstocking you suck. What country do you come from Columbia or some trash 3rd world country? No wonder.

[WATITDOO16]

Hey fool be grateful because the only reason why you overfed ignorant jarheads live the way you do is because the rest of the world gives you lot their money. Apparently the U.S should be the worlds financial leader regardless of just how much of a piece of shit it is at the task.

[MadeinUniverse]

sweden

[Revelation181]

I didn't vote for Obama.

[flyyspit]

Obama Deception on google video..spread the word..

download, copy what you want and spread it.. :)

new boss same as the old boss..

[jjnature]

Pepe Escobar, please understand the difference between corporatism and capitalism. The US economy is corporatism, not capitalism! The reason the US government is bailing out Wall Street is because they are highly dependent on them for their enormous deficit spending. This current situation is the product of corporate socialism, NOT capitalism. Please understand that real capitalism does not use government to force its ways and currencies onto people. The federal reserve is anti-capitalisistic.

[11supaman11]

this exactly what Alex Jones is talking about with a fraud to bring about the bank of the world through manufactured economic collapse. we called it, now it is finally coming out. RESIST the NWO

[sinitskyd]

if Geitner will get fired by Obama (and I think he eventually will) he can start a Hollywood career to play Count Dracula

[11supaman11]

you are completely forgetting Rahm, do you know about his plan to bring back the draft?

[PSmithFortyTwo]

Indeed Rahm may have his little fascist fantasies, but the US does _not_ need its own Waltz with Bashir - (more) war crimes nightmare.

Now that the Ne0c0n Re-pugnants are history, perhaps we will decide democracy is worth fighting for now.

Then we can boot the Democrat-Obama Ne0c0ns for an encore.

YMMV.

[Propagandhi900]

Does it being Jewish owned, Atheist owned, or christian owned make a difference? Not really. They all want profit at the expense of the proletariat.

[havoctrend]

The elite run the world but yet the speaker places the complete blame on the US and propagates Wall Street as the patsy or "Fall Guy" if you will.

Does it matter where the global crisis started? THE BANKERS did this and they started in the US........ Focus more on the Global Agenda "Operation Endgame."

This is a great video so please don't take my wording out of context with mixed perceptions.

Again, great video and take care each and all....... we're in big trouble.

[Naqib777]

the tone of this guys vioce is a little annyoning but good reporting

[Propagandhi900]

Explain.

[alistairproductions]

im not into politics but i think geosuper is saying that religion is a lot about concepts and ideas, philosophical principles and ways of carrying themselves.. "doctrine" i guess you could say, not only the platonic search for spirituality.. in that sense banks could have a collective religion

[BeondaPale]

Organized religions are not merely systems of belief, they are POLITICAL IDEOLOGIES

As soon as ANY religion says:

CHRISIANITY: the ONLY way to heaven is through the savior

Islam: the ONLY way to paradise is though the teachings of the Qur'an

Judaism: We are God's chosen people

They stop being belief systems and become political movements. These are statements of superiority, separation and ultimately, they are declarations of WAR!!

Nobody KNOWS what happens after death, NOBODY!!

[Propagandhi900]

One could argue that they are political ideologies. But as you delve deeper you see they are nothing but mere spiritual belief. There are liberal Christians, conservative Christians, fascist Christians and socialist Christians.

They are statements of superiority to those who believe them. To agnostics such as you or I we see that they are nothing but mere fear filled belief.

Declarations of war? PCP is bad.

[BeondaPale]

Yes declarations of war, no PCP required.

Resolved: A declaration of superiority or entitlement is the primary precursor to any declaration of war.

Please give one instance in the entire history of the world where this has not been the case.

[Propagandhi900]

"Uzbekistan is #1"

[BeondaPale]

Uzbekistan vs whom?

[Propagandhi900]

Exactly No war has come from Uzbekistan stating it's superiority.

America constantly claims to be #1. You could say that technically war could derive from that, but there are so many other factors that go above and beyond that notion.

Just because a jew says "we are gods chosen people" doesn't mean he thinks he's better than you. He believes that god sees them as the true religion/people.

It works with every religion.

[BeondaPale]

1. "No war has come from Uzbekistan stating it's superiority"

When has Uzbekistan done so?

2. If I were to say, "I am God's chosen person", what would that about you?

[Propagandhi900]

The point is not that Uzbekistan says that. There are obviously Uzbeki's who support nationalist parties and believe they are better than all else.

You say that a Jewish people who follow their religion and believe it are calling on war. No, only to retards who see war as a god thing.

2. I would say, "Okay, that's what you believe, I believe that you have no idea. I believe that We cannot know if god does or doesn't exist". I will remain apathetic toward the person.

[BeondaPale]

"You say that a Jewish people who follow their religion and believe it are calling on war."

Not ONLY Jewish people, ALL ORGANIZED religions.

Look, why would anyone "defend" a religion? It's just an idea, right? Your guess about what happens after you die is just as good as mine, or anyone elses. But because of old stories written down in old books, stories written by people that had no more of a clue what happens after death than you or I, MANY MANY wars have been fought.

Why is this true?

[Propagandhi900]

Yes. many many wars have been fought because of religion.

But in today's CIVILIZED, for the most part, society, claiming a religion as your own isn't saying "War". Saying "I believe in this religion and im going to make you believe in it too" is where war starts.

[Snatchbot88]

that's stupid all of these religions allow anybody to become initiated. declaration of war?? they preach tolerance and peace. political systems are based on belief systems but that doesnt mean that all belief systems are politically driven.

[BeondaPale]

COMMANDMENT #1 -- I am the LORD thy God thou shalt not have any other god before me.

COMMANDMENT #2 -- "You shall not take the name of the LORD thy God in vain, for I will not hold anyone guiltless who misuses my name.

for I the LORD thy God am a jealous God, visiting the iniquity of the fathers upon the children unto the third and fourth generation of them that hate me

you mean that tolerance?

[eryksun]

When it comes to claims about metaphysical reality and the meaning of life, you bet people can become absolute nutters. I'm wary of religious people, regardless of their religion (including atheism for some). I'm a natural-born skeptic and doubter. I don't have a clue what goes on in the heads of believers, and it scares the crap out of me that their irrational faith might turn on me. The most disturbing movie for me to watch is "The Wicker Man" (1973).

[Propagandhi900]

I was unaware that banks were conscious beings who could have religions.

[ITwarriorTI]

nothing new there my friend.

[laurieannek]

Oh come on, this was all done on purpose by the illuminated elite to destroy the middle class and to bring in the NWO and the one world currency and government. The IMF and the World Bank are all controlled by the elite.

[blackiron60]

Amazing commentary from Pepe, as usual. Considering that it was WW2 that got America out the of the Depression years and not a stimulus package, I've been skeptical of this fanfare from Obama. America will certainly never be in a position to pull a repeat of the Second World War in any capacity: times have changed and they certainly aren't as hegemonic in economic terms as they were then (the only large economy not wrecked by the war) - this will be a long recession indeed, perhaps terminal.

[WhoRonPaul]

the rest of the world shouldn't be trying to live off of America in the first place. When third world countries need help who do they turn to.. one of europes soialist less prosperous governments? ..didn't think so

[PSmithFortyTwo]

If the US wasn't financially and militarily raping the rest of the world there wouldn't be a problem.

[WhoRonPaul]

everyone has their own currency and why are you trying to blame america for your own country's problems?

[jeffersonista]

people don't have their own currencies: all currencies are tied to the US dollar since bretton woods.

[WhoRonPaul]

schooled me.. i'm learning all the time..

[jeffersonista]

all of us are. the thing is so complicated.

[uheardmebitch]

paul keating was the worlds best treasurer for years running. and yes they actually have an award for it.

[JixMa]

Excellent commentary once again! Thank you, Pepe Escobar!

[JixMa]

Also, on the Timothy Geitner comments Pepe Escobar makes... I had a bad gut-feeling about Geitner from the very beginning and as more and more about him is being reported and is being known (his policies, his philosophy, where his sentiments really lie, etc.) the more I dislike him. Truly a fox in charge of the henhouse!

[MuslimGhost]

WOW. I cant believe how stupid people are to fall for such bullshit (from geitner). Has anyone heard of the fucking Glass-Steagall Act (of 1933)? It was passed because the great depression created a massive banking failure because the banks blurred the line between investments and savings- they were using the savings of their depositors to invest in financial instruments (stocks). 1999- Under clinton, the Gramm-Leach-Bliley Act is passed repealing the G-S act.. 2008: guess what happens

[kurydebarcelona]

freddy krugger IMF! sad but true

[mikolajoskierko]

Is E-Europe going down? Doubt so, maybe Ukraine is, but what wonders me is that... people put whole this region to a one sack, while the reality is not that simple.

Trotski haha Communists were talking about that capitalism is going down since they ever existed... where`s that communism now?

[ahmadeyad]

Capitalism is Bankrupt system ,we need a new one .

[1DX2020]

any suggestions then?....

is it a bad time for the capitalism?...yes...its the nature of the beast though..and capitalism is not the only beast...it will pick up as it has done before...its the best we have...now is the time when all the weak of mind kick that which is down..it is only the weak who beat the easy target...so...what are your suggestions?

[observer855]

because you represent everyone else?

people who don't care don't respond. glad to know you do.

[micahgee]

Pepe is awesome!

I love his vids

Real News FTW

[observer855]

epic, why did i recieve 5 responses to my message?

if you don't care, don't read or post messages.

think it through.

[mtlsoul]

Down with the IMF and the World Bank, burn 'em to the ground! Exporting debt and poverty, famine and death. They are like horseman of the apocolypse.

[sharky734]

We need to contact our state and set up command posts, assess the damage and tighten security by protecting our energy, food, weapon, and communication sources. Let them know that you are concerned in the security of your state and it's states values. Arm your selves people and allways move in groups. Stay together and share. And allways fight for your freedom. Without freedom you will only have your dreams. And teach your history to others. May your gods be with you.

[Gunnarsguns]

People around the world are finally catching on...bad news for the US

[oliversinhell]

We are all the slaves of Zionism !

[LILUCKSMO80]

THE USA IS paying extortion money toTHE " Taliban and al Qaeda" so THEY CAN stop beating EM up.

[LILUCKSMO80]

NO MORE PUT IT ON MY credit card those day's are over NO more zero down NO money no buying power the USA is made up of FREE credit but the world is not going to put up with it any more the USA is in so much debt that it will Collapse in two more year's since it as no more PONZI SCHEME CALL SUBPRIME SCHEME BUT THE OTHER BIGGEST SCHEME MADE UP BY USA IS CALL FAKE Democracy No more super Power OR FREE MONEY NO MORE BIG GDP!! double standard"s<--- USA

[LILUCKSMO80]

What is the point in consuming more? Consumption as it is in Capitalism has always been off balance with the ecosystem and benefited only the elite. People can't decide what they are sold, what people produce in factories and the elite wants them to feel good as a substitute for politico-economic power. It is absurd how they want to people have more of this just so that their system survives. We haven't asked for their rule and we haven't had a choice. Obviously we will let them collapse

[proteanview]

If we can pinpoint 'terrorists' as 'Radical Islam,' why can't we specifically identify 'bankers'?

Federal Reserve: 4 of the 5 governors of the board are Jewish including chair Benjamin Shalom Bernanke. (Jewish)

Former: Alan Greenspan (Jewish)

World Bank: Robert Zoellick (Jewish)

former: Paul Wolfowitz

former: Wolfensohn

IMF: Dominique Strauss-Kahn (Jewish)

Fed Reserve: Lazard, Warburg, Shiff, Rothschild, etc

[proteanview]

Instead of this gaseous 'bankers' & 'Wall Street,' everyone should know that our enemy is the same enemy European countries expelled time & again: Jewish extremists (leaders of World Bank, IMF, Federal Reserve). Radicals and extremists aren't just Muslim & Christian.

[LILUCKSMO80]

No money and no jobs make people think and when people think they realize the real enemy of humanity the ZIONIST ENTITY

[BeondaPale]

Evoking Trotsky -- only Pepe :)

[PSmithFortyTwo]

Yeah Pepe. If Pepe thinks he's worth consulting, it's time to get reading.

[000deadcalm000]

Good report. Factually correct.

[observer855]

oh my gosh. This is literally the worst reporting I have ever seen.  This guy has NO IDEA..repeat NO IDEA what he is talking about.

[BeondaPale]

I think it is YOU that has NO IDEA..repeat NO IDEA what he is talking about.

As proof, tell us who you think DOES know what he is talking about - Yourself? Neil Cabuto? the world bank? Rush Limbaugh?

[observer855]

Beonda - people who understand what the treasury actually does. People with backgrounds in economics, CFAs...or more importantly people with a long-term successful investing track record to validate their hypothesis on cause and effect. Only reporters with a niche skill-set in economics should be reporting on items as complex as the inner-workings of the IMF. Spewing populist garble about often misunderstood entities under the heading of news is disgraceful.

[Lawlow1978]

So us dumb masses should not question the 'inner workings' of the IMF and always rely on someone who professes to be an 'expert' on these matters?

i dont think so buddy,

[observer855]

Lawlow, you'd rather rely on "pepe" with his toy plane?

I'm suggesting that this report is crap, I'm not suggesting that you should listen to my perspective, I'm suggesting that you go read a little on how the IMF functions before swallowing whole what others tell you is the truth.

[Pleblian]

Observer855, it's typical of people, who understand the economic background, to declare financial success having never seen the results played out in the third world.

Don't compare a reporters life experience, a person who has been in the bean fields to someone sitting behind a desk counting those beans.

[observer855]

Touche' Pleblian.

But this is still crap reporting. I don't like when people run their mouths on topics they know nothing about. Pepe has never managed financials from "behind a desk" as you say, nor has he managed a community farming economy "hands on" abroad. I've worked on stimulating developing economies in the past, with mixed results. It is a complex, trying, and often heart-wrenching experience. Not something Pepe should address with such "from the hip" reporting.

[Fighting89Back]

You only stated that it's "crap reporting" without saying what was wrong with it. What did he say in this report that was wrong?

[PSmithFortyTwo]

Experience as an Economic Hitman is nothing to boast about when Leon Trotsky is getting quoted. You might be up for the 5c solution.

[observer855]

wrong ps, i wasn't doing it on behalf of US or US based company. I'm originally from an "impoverished" area. Attempted to go back and make changes at later point in life. Certainly not an EH.

[sirellyn]

The reason these third world countries have to borrow money in the first place was because it was ensured they would have no savings. Although this hurts a lot, perhaps this will force them to save. Credit independence is a key factor for sovereign wealth.

[jeremiahsineiii]

A twisted Global Fascism is more like it.  The Free Market, what is left of it, is being wiped out.

[BeondaPale]

The free market has brought China's dictatorship and the slave labor they have at their command a great deal of power.

[jeremiahsineiii]

i don't think that was the free market.

[BeondaPale]

What else could it have beeen?

[jeremiahsineiii]

As I understand it, there hasn't been a truly free market in decades. With the legislation catering to lobbyists and special interests, can the market be seen as "Free"?

[BeondaPale]

If that is the case, can you give me a time when markets were EVER free? Is a totally free market even possible in the real world.

In a totally free market, should not prostitution and drug dealing be legal?

[jeremiahsineiii]

I can't. Perhaps in Indigenous cultures where I had made a blanket and you made a bow and a dozen arrows? I don't know.

Yes, a free market would include drugs and sex. Isn't it strange in the Socialized countries where porn and prostitution are legal there is little sex crime? The same goes with guns. Look at Switzerland.

[nyccarini]

good point. or how prostitution is illegal unless you film it and sell it.

[jeremiahsineiii]

That's called "blackmail" isn't it? :P

[WhoRonPaul]

the drug market is a good example of free market enterprise, but too bad it's illegal and reduced to black market goods and services..

[nibelungensohn]

no, its a good example of anarcho-capitalism. The difference is A-C doesn't recognize property rights.

[mykimochi]

Global currency is what they're planning...

[covertcovenant]

Between Paul Jay and Pepe, this is a great interesting and intellectually stimulating mix of a new take on news and global affairs! Great! Thank you RNN!

[smkuhner]

i like this guy!

[coszz]

Tiocfaidh ár lá comrade Trotsky, not long now.

[mandablyatskayapizdo]

go watch some FOX to make yourself feel better ;)

[mapleridgebc]

the bailout is already more than 10 x's the entire world gdp.... it's a nightmare

[BenjaminFranklin2u]

Great report Pepe!

[CaptainBluebear08]

Spot on, Pepe.

(And ehh....El Salvador = added one more to the list. Socialism coming--Funes !)

[burntonion05]

If you guys are pimping us then why are you always bitching about us Pippy? You are a tool moron.

[BenjaminFranklin2u]

You never heard a pimp bitching about his bitches?

Sometimes they even gotta slap a bitch, it's what you're heading for.

[Psilo007]

We don't have control over our government. To many corporate interests running the show. I feel bad for the developing countries who have REAL problems.

Thanks for bringing the real news as always.

regards.

[beerasaurus]

Pepe you sexy beast.

[bonobo80]

We're starting to become feticist about him, and missing the actual content of his reports.

[MichaelMogg]

Yay, more Pepe!